First Trust NASDAQ ABA Community Bank Index Fund
QABA
52 hedge funds and large institutions have $91.9M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
4% more funds holding
Funds holding: 50 → 52 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $92.5M → $91.9M (-$609K)
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.22M |
| 2 |
Jane Street
New York
|
+$1.33M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.21M |
| 4 |
SG Americas Securities
New York
|
+$603K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.15M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.09M |
| 3 |
SCM
SkyTop Capital Management
Rutherford,
New Jersey
|
-$1.61M |
| 4 |
JP Morgan Chase
New York
|
-$1.46M |
| 5 |
ST
Spinnaker Trust
Portland,
Maine
|
-$1.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| $2K | +$2.01K | +50 | New |
|
|
TSS
52
Two Sigma Securities
New York
| – | -$201K | -5,312 | Closed |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$4K | -100 | Closed |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| – | -$4K | -100 | Closed |
|
QABA Hedge Fund Activity: Q3 2016 in Review
52 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q3 2016, worth a combined $91.9M — down 0.66% from $92.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new QABA positions and 3 closed out — a net gain of 3 holders — while 15 added to existing stakes and 22 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $2.22M. The largest seller was Morgan Stanley, cutting an estimated $6.15M.
- 52 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q3 2016, up from 50 in Q2 2016.
- Funds reported $91.9M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q3 2016, down 0.66% quarter-over-quarter.
- 6 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q3 2016 and 3 closed out, a net change of +3 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q3 2016 was Janney Montgomery Scott, an estimated $2.22M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q3 2016 was Morgan Stanley, an estimated $6.15M sold.
Based on aggregated 13F filings for Q3 2016.